KYC Analyst Role
Job Overview
We are seeking a diligent and detail-oriented KYC (Know Your Customer) Analyst with 1-2 years of experience in financial services. The ideal candidate will have a strong understanding of KYC processes, regulatory requirements, and risk management. This role is crucial in ensuring compliance with regulatory standards and safeguarding the company against potential risks related to money laundering and financial fraud.
Key Responsibilities
KYC Onboarding: Conduct thorough KYC due diligence on new and existing clients. Review and verify customer documentation to ensure compliance with regulatory requirements. Perform risk assessments for new customers and update existing customer profiles. Monitoring and Reporting: Assist any surveillance staff to monitor transactions for suspicious activity and potential red flags. Assist with reports on suspicious activities to the relevant authorities. Maintain accurate and up-to-date records of all KYC activities and decisions. Compliance and Regulatory Adherence: Ensure adherence to internal policies and external regulations, including AML (Anti-Money Laundering) and CTF (Counter-Terrorism Financing) laws. Stay updated on changes in KYC regulations and industry best practices. Assist in the development and implementation of KYC policies and procedures. Collaboration and Support: Work closely with compliance, legal, and operations teams to resolve KYC-related issues. Provide support and guidance to junior team members on KYC processes and compliance matters. Participate in internal and external audits as required.
Qualifications
Education: Bachelor's degree in Finance, Business Administration, Economics or equivalent is preferable. Experience: 1-2 years of experience in a KYC or compliance role within the financial services industry. Familiarity with AML/CTF regulations and KYC processes.
Skills: Strong analytical and investigative skills. Excellent attention to detail and organizational abilities. Effective communication skills, both written and verbal. Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint). Ability to work independently and as part of a team. Certifications: Relevant certifications (e.g., CAMS, CKYCA) are a plus but not mandatory.
Personal Attributes
High level of integrity and ethical standards. Strong problem-solving skills. Ability to handle confidential information with discretion. Adaptability and willingness to learn. Strong time management skills and the ability to prioritize tasks effectively.
Benefits
Competitive salary and performance-based bonuses. Professional development opportunities. Flexible working hours and potential for remote work